55049 Highway 1054IndependenceLA70443
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Independence at 55049 Highway 1054, Independence, LA, 70443 offers a 8.57% rental yield on a $274,500 purchase with $1,961/mo rent. Total monthly income registers $1,961/mo, and a $1,344/mo payment leaves $260/mo available for distribution. Annual cash flow reaches $3,122/yr on $90,997 to close, and return on cash invested stands at 23.34% in year one. Equity gained on principal adds $1,771/yr while 5% annual appreciation supports $75,839 over five years. Portfolio math shows five-year ROI at 121.29% and total cumulative return in cash at $110,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,961/mo property income against a $1,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70443, Independence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 3,407 (67.4%) |
| Renter Occupied HU | 1,040 (20.6%) |
| Vacant Housing Units | 611 (12.1%) |
| Median Home Value | $207,500 |
| Average Home Value | $238,147 |
Housing Distribution
Address Breakdown
Residential
3,869
Single Family
3,869
Multi-Family
0
Businesses
123
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Nearby investment properties with comparable prices
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